A good trend following system will keep you in the market until there is evidence that the trend has changed.

I always say you could publish rules in a newspaper and no one would follow them. The key is consistency and discipline.

When you are getting beat to death, get your head out of the mixer.

You have to minimize your losses and try to preserve capital for those very few instances where you can make a lot in a very short period of time. What you can't afford to do is throw away your capital on suboptimal trades.

When you have a position, you put it on for a reason, and you've got to keep it until the reason no longer exists.

I could trade without knowing the name of the market.

Trade small because thats when you are as bad as you are ever going to be. Learn from your mistakes.